2011-10-17T08:49:57-05:00 2011-05-31 BRUNDIGE PAYNE AND COMPANY PC 700 COLONIAL ROAD SUITE 220 MEMPHIS TN 381175156 990 2010-06-01 264440905 MEMPHIS TEACHER RESIDENCY INC MEMP 9019374687 PO BOX 241639 MEMPHIS TN 382411639 DAVID MONTAGUE 9019374687 2011-09-27 1 RICHARD L WEBB CPA 9016834234 2010 2016-03-07 17:11:31Z DAVID MONTAGUE 2181 UNION AVENUE MEMPHIS TN 38104 1138500 0 X WWW.MEMPHISTR.ORG X 2009 TN THE ORGANIZATION'S MISSION IS TO POSITIVELY IMPACT STUDENT ACHIEVEMENT IN MEMPHIS' URBAN SCHOOLS BY RECRUITING, TRAINING, AND SUPPORTING OUTSTANDING TEACHERS. 5 5 31 6 0 0 1245975 1138500 0 0 0 0 0 0 1245975 1138500 252139 134425 0 0 248468 813533 0 0 0 247511 219568 748118 1167526 497857 -29026 543556 527440 540 13450 543016 513990 X THE MISSION OF THE MEMPHIS TEACHER RESIDENCY, INC. IS TO POSITIVELY IMPACT STUDENT ACHIEVEMENT IN MEMPHIS' URBAN SCHOOLS BY RECRUITING, TRAINING, AND SUPPORTING OUTSTANDING TEACHERS. 0 0 1116902 134425 RECRUIT, EQUIPS, AND RETAINS EDUCATORS AND TEACHERS TO WORK WITHIN MEMPHIS, TENNESSEE URBAN SCHOOLS AND PROVIDE THE OPPORTUNITY TO RECEIVE CLASSROOM LEARNING ALONG WITH PRACTICAL EXPERIENCE SINCE THE PROGRAM PARTICIPANTS ARE PAIRED WITH AN EXPERIENCED MENTOR-TEACHER IN THEIR CONTENT AREA FOR FOUR DAYS PER WEEK FOR AN ENTIRE SCHOOL YEAR. EACH PARTICIPANT WILL RECEIVE ENDORSEMENTS FOR ELEMENTARY EDUCATION OR SECONDARY EDUCATION IN MATH, BIOLOGY, PHYSICS, CHEMISTRY, SPANISH, HISTORY OR ENGLISH. EACH PARTICIPANT WILL RECEIVE THE FOLLOWING: : MASTERS OF ARTS IN URBAN EDUCATION THROUGH UNION UNIVERSITY : INTENSIVE CLASSROOM EXPERIENCE WITHIN MEMPHIS URBAN SCHOOLS : STATE OF TENNESSEE EDUCATOR LICENSE : LIVING AND HOUSING STIPEND FOR THE 12 MONTH TRAINING PERIOD : ON-GOING EVALUATION AND MENTORING : LEADERSHIP OPPORTUNITIESTHE ESTIMATED COST FOR EACH PARTICIPANT IN THE 12 MONTH TRAINING PROGRAM IS $30,000. THE NUMBER OF PROGRAM PARTICIPANTS FOR THE YEAR ENDED MAY 31, 2011, IS 26. 1116902 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 53 0 31 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 TN X DAVID MONTAGUE 9019374687 2181 UNION AVENUE MEMPHIS TN 38104 X DAVID MONTAGUE 40.00 X X 0 0 0 TOM MARINO 3.00 X X 0 0 0 DR MAXIE DUNNAM 1.00 X 0 0 0 ROBERT MONTAGUE 3.00 X X 0 0 0 ALFRED HALL 1.00 X 0 0 0 DAVID HARRIS 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 338000 800500 1138500 1138500 0 0 0 134425 134425 30000 30000 680026 680026 5958 5958 16391 16391 81158 81158 6073 6073 9157 9157 26450 26450 24000 24000 22847 22847 15138 15138 3177 3177 3642 3642 RECRUITMENT 36787 36787 TRAINING 36075 36075 MISCELLANEOUS 22396 22396 SUPPLIES 7163 7163 TECHNOLOGY 3188 3188 3475 3475 1167526 1116902 50625 0 113727 144808 417792 363938 24343 5649 12037 18694 543556 527440 540 13450 540 13450 X 0 0 0 0 543016 513990 543016 513990 543556 527440 -29026 0 X 0 0 0 X 120000 1245975 1138500 2504475 120000 1245975 1138500 2504475 1955910 548565 2504475 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24343 5649 18694 18694 1 PROVISION FOR BOOKS AND TUITION 26 69425 N/A N/A STIPEND PROVIDED TO MENTORS 26 65000 N/A N/A OTHER INFORMATION: PART IV: PART III; LINE 1 PARTICIPANTS INVOLVED IN THE ORGANIZATION'S PROGRAM ARE PROVIDED EDUCATIONAL EXPENSES IN THE FORM OF BOOKS AND TUITION WITH THE EXPECTATION OF THREE YEARS OF SERVICE IN THE MEMPHIS URBAN SCHOOLS UPON RECEIVING THEIR MASTERS DEGREE. SEE SCHEDULE O FOR ADDITIONAL EXPLANATION. PART III; LINE 2 TEACHERS WHO COMMIT TO MENTORING A PARTICIPANT IN THE PROGRAM FOR THE ENTIRE SCHOOL YEAR ARE PROVIDED WITH A STIPEND. FORM 990, PART VI, SECTION A, LINE 2 DAVID MONTAGUE, EXECUTIVE DIRECTOR AND EMPLOYEE, AND ROBERT MONTAGUE, TREASURER AND UNCOMPENSATED BOARD MEMBER, ARE BROTHERS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT BEFORE THE RETURN WAS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE ORGANIZATION REQUIRES THE OFFICERS AND DIRECTORS TO REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN AN ANNUAL CERTIFICATION. FORM 990, PART VI, SECTION C, LINE 19 MEMPHIS TEACHER RESIDENCY, INC. HAS ALL DOCUMENTS REQUIRED TO BE AVAILABLE FOR INSPECTION IN A SPECIFIC BINDER MARKED "OPEN FOR PUBLIC INSPECTION" AND IS READILY AVAILABLE UPON REQUEST BY THE PUBLIC.